Supply outpaces shipping

NEB fingers lack of rail, pipelines as ‘primary factor’ in oil sands price crash

Gary Park

for Petroleum News

Pressure on the government of Canadian Prime Minister Justin Trudeau to either help fund expanded rail capacity or clear the way for new pipelines has come from the national energy regulator’s estimate that Western Canada’s oil supply is 365,000 barrels per day above the volume flowing in existing p....

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Price discounts narrow